Immersive Technologies Celebrates Record Year.

18 December, 2012

Immersive Technologies’ New Global Headquarters in
Perth, Australia

Immersive Technologies, the world leader in mining equipment
simulators and operator training solutions, is celebrating their
most successful year in the company’s nearly 20 year history
with projections for another banner year in 2013. Revenue
growth of 30.3% in 2012, follows accelerated investment in
research, product development, technical support, professional
services and global locations. The global mining footprint of
deployed Advanced Equipment Simulators has now reached
over 310 utilizing over 710 simulator training modules with
approximately 200 global mining customers.

Immersive Technologies CEO, Peter Salfinger, says, “We are proud
that our accelerated levels of investment in the mining industry
and our sole focus on mining, has translated into record levels of
revenue in 2012. We see this as a vote of confidence from the global
mining industry, that we are demonstrating strong results in making
equipment operators safer and their employers more profitable.

This success does not mean we will be slowing down. On the contrary, our growing success in the market place is supporting our
continued high levels of investment servicing our customers and their needs for the long term.”

This year marked the launch of Immersive Technologies’ Complete and Scalable Solution, which offers mining operations a
training model to ensure the highest levels of staff readiness and operational improvement, while taking advantage of a range
of technologies to ensure cost effectiveness and throughput. This is done via blending eLearning, Instructor Led Training, Medium
and High Fidelity Simulators, with customized content and curriculum to meet the needs of specific operations. Furthermore
this is supported by a suite of tool and professional services exclusive to Immersive Technologies. Tools include: SimCloud™, an
online tool providing complete visibility over local or global simulation training activities; Global Operator Benchmarking, allowing
benchmarking of equipment operators against global norms; and Trainer Productivity Station enabling mining operations to do
more with the experienced trainers they already have.

To house growing research and development activities, the Immersive Technologies headquarters in Perth, Australia was relocated
to a large new facility (see photo below). Staff numbers have increased in order to keep pace with development plans and
growing sales volumes. The new global headquarters features a demonstration facility allowing visitors to experience firsthand the
complete and scalable solution for operator development. The company has relocated to larger facilities in other global locations
including Indonesia and Chile and opened new offices in Mexico and Peru.

“Our global presence is key to providing the absolute best service and support to our mining customers. A recent customer
survey indicated we continue to exceed expectations in customer support, however we maintain a keen focus on ways to ensure
customers continue to receive ever improving levels of service and the maximum return on investment.

Immersive Technologies will enter 2013 in the strongest state it has ever been in relation to its products, capabilities customer
base and financial performance. This is an exciting time for Immersive Technologies as we continue to build momentum on strong
support from the global mining industry and major equipment manufacturers” Salfinger said.

New Products

Trainer Productivity Station: centralized workstation that can
connect up to five Advanced Equipment Simulators allowing
a single trainer to manage up to five simulation training
sessions simultaneously.

Caterpillar 795F AC Conversion Kit®

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About Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of surface and underground Advanced Equipment Simulators to the global mining industry. The company has achieved this unique position by focusing on its mission to make every mining and earthmoving equipment operator in the world safer and their employer more profitable through its simulation technologies. Immersive Technologies' Advanced Equipment Simulators are helping hundreds of mining companies around the world to increase their equipment operators' safety and site profitability through effective simulation training.

Immersive Technologies provides its customers with the most effective Advanced Equipment Simulators available. This is made possible through the formal exclusive licensing and technical information alliances Immersive has established with the leading Original Equipment Manufacturers (OEM), including: Caterpillar, Hitachi, Komatsu and Liebherr. These unique alliances provide Immersive Technologies with exclusive access to the OEM's proprietary and confidential machine technical information that is required to correctly simulate the OEM's machines and is not available through other public or dealer channels.

With advanced simulator modules deployed in 39 countries, Immersive Technologies is dedicated to provide outstanding service. To deliver on this commitment the company has customer sales and support offices located close to its customers in Perth and Brisbane Australia, Salt Lake City USA, Calgary, Ottawa & Vancouver Canada, Monterrey Mexico, Lima Peru, Santiago Chile, Bochum Germany, Johannesburg South Africa, Jakarta Indonesia, Kolkata India and Jeddah, Saudi Arabia.